Investors

Fundraising round Q1 2024 – become a part of the team

Can I become an investor?

We are doing our first fundraising in the beginning of 2024 and this is your chance to become a part of Textile Change. We welcome and appreciate your interest in becoming an investor in Textile Change. Your support is integral to our mission of revolutionizing the textile industry with sustainable innovations. To explore investment opportunities and learn more about how you can contribute to our vision, please contact our CEO at dh@textilechange.com. We look forward to the possibility of partnering with you on this exciting journey towards a more sustainable future.

Why invest in us?

  • Product quality validated by future costumers
  • Scalable and modular technology
  • Panted, Proved and Primed
  • Can handle complex textile blends while maintaining high fiber quality
  • Closing the loop on textile circular economy
  • Strong partners within sorting, upscaling, and development
  • EU mandated collection of textile waste effective from 2025 restricting incineration and landfill

Market Opportunity

The field of textile recycling is caracterized by fastpaced innovation. It is a rapidly emerging field, where most technologies are still at lab or pilotscale and few technologies are commercially avaliable, vast quantities of textile waste and limited capacity of full-scale plants. Read more about the market.

Patents

To secure the rights to our technology, we have applied for four patents. We will proceed with national phase applications for three of the patents in 2024. This decision is based on the positive assessments received from the Danish Patent and Trademark Office (DKPTO) and the Patent Cooperation Treaty (PCT). These patents cover all crucial aspects of the chemical recycling process and development of one piece of mechanical equipment (“column”). One patent has been abandoned as part of our Freedom to Operate (FTO) strategy.

Technology

We have developed a method to efficiently separate and sort complex textile blends at molecular level. Separating textile molecules (polymers), enables use of both natural and synthetic materials from textile blends as feedstock for new fiber production. We’re also able to remove pollutants like PFAS, heavy metals, and most dyes during the process. Read more about our technology

Ownership
The original founders of the company still owns a large share of Textile Change ApS. There has been interest from strategic partners to engage in our cause leading up to a larger fundraising in the beginning of 2024. Would you like to be a part of this round please inform dh@textilechange.com  


Can I become a partner?

We’re thrilled about the prospect of partnering with you at Textile Change. Collaboration is at the heart of our mission to transform the textile industry, and we believe in the power of strategic partnerships. To explore the possibilities and discuss how we can work together, please reach out to our CEO at dh@textilechange.com. We look forward to the potential of creating positive impact together and shaping a sustainable future in the textile landscape.

Partners

Strong partners  

From innovative research collaborations to strategic industry alliances, our strong partnerships ensure a streamlined and efficient journey towards scaling our technology.

Scaling

We have strong partnerships within scaling and building of plants. 

R&D

We have strong partners within research and development ensuring high quality and prof of technology. 

Funding

We have a track record of more than 12 MDKK in softfunding granted from various partners.

Business

We are in close dialogue with our costumers ensuring that we reach the desired quality of our end products. 

Awards & Recognitions

2024
Entrepreneur of the year

Entrepreneur of the year in Vejle Kommune

2022
Climate Entrepreneur of the year

Climate Entrepreneur of the year at Klimafolkemødet in Middelfart

2021
Achievement Award by Grundfos

Achievements within sustainable innovation

2021
Den Lyse IdE by Otto Mønsteds Fond

Best late stage innovative idea of the year

2020
AURA Energy green award

Green innovative and sustainable project 

Textile Change logo

Address
Tysklandsvej 7
DK – 7100 Vejle
CVR: 41156899

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Contact:

info@textilechange.com